“Break the Norm! How Michael Saylor Used Bitcoin to Make MicroStrategy a Star of the NASDAQ 100”
On December 13, MicroStrategy announced it would join the NASDAQ 100 index on December 23. Despite facing losses in its traditional software business, its market value soared due to Bitcoin holdings. Since 2020, MicroStrategy has made Bitcoin its core reserve asset, currently holding 423,650 Bitcoins, with a market value approaching $98 billion.
MicroStrategy's success illustrates how Bitcoin is gradually changing the composition of corporate market value, becoming an important representative of the new era of digital assets. In addition to MicroStrategy, NASDAQ also included Palantir and Axon in this index, further enriching the diversity of the NASDAQ 100.
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